$11,250,000
- Beds
- 36
- sq ft
- 23,056
3524 Chesapeake Ave, Los Angeles, CA 90016
3524 Chesapeake Ave
Los Angeles, CA 90016
- 104 days on market
*Built in 2021: 27 luxury units with in-unit washer and dryer *Priced below replacement cost at $488 PSF and under $417K per unit *5.3% cap rate and 5.7% cap rate at proven market rents *One-block away from the Metro Expo "E" Line Farmdale Station, providing tremendous access to DTLA, Culver City, and Santa Monica *Incredible micro-location with five brand-new buildings on the block *Strong demographics with average household income over $100K and average housing value over $1.4M (three-mile radius) *Rents shown are averages based on in place rent as of Nov. 1, full rent roll in OM; see Agent Remarks for property website.
Details
Property type
Lot size
0.2941 acres
Price per sq ft
$488
Year built
2021
HOA
No
Price History
09/09/2024
CLAW #24436897
Listed
$11,250,000
Schools & Community
Neighborhood:
West Adams
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/22/2024 at 3:15 AM
Listing updated: 12/05/2024 at 2:37 PM
Listed by: Adrienne Barr, Berkadia Phone #: (310) 209-3200
MLS: CLAW #24436897
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